Home Buying

Resources

Philly First Home – We are offering a homebuyer assistance grant of up to $10,000 (or 6% of the home’s purchase price, whichever is lower) to assist first-time homebuyers reduce the principal, cover down payment and loan closing costs.

Federal Support Programs: https://www.usa.gov/buying-home

HUD has a lot of great resources including rights, questions to ask, and more: https://www.hud.gov/topics/buying_a_home

Sherrif Sale

“A Tax Delinquent Sheriff Sale allows the City of Philadelphia to recapture unpaid municipal debt levied on properties located in the City… In general, the properties listed in a Tax Delinquent Sheriff Sale are in very poor condition. But, you are free and clear of all liens levied on any property you buy.” – Philly Living

An overview of the process: http://www.officeofphiladelphiasheriff.com/en/real-estate/how-sheriffs-sales-work/overview-of-the-sheriff-sale-process

3 Things to Look Out For